Business Emerging Markets Finance International

Inflation could “inflame social tensions”, warns IMF

The global economic outlook is “darkening”, the managing director of the International Monetary Fund (IMF) said on Wednesday, citing the war in Ukraine and the “commodity price shocks” it has caused among the main reasons. The IMF plans to publish later this month “a further downgrade” to its growth forecasts “for both 2022 and 2023”, […]

Asia Headlines International Maghreb Morocco

Morocco backs Indonesia’s call to set up league of Islamic Senates & Consultative Councils

Morocco has expressed backing to Indonesia’s cal to set up the league of Senates and Shura Councils in Islamic Countries as an effective parliamentary framework to address adverse moves and propaganda that might undermine the image of Islam and Muslims worldwide. The project was discussed at a meeting Tuesday in Rabat between visiting speaker of […]

Asia Headlines International Morocco

Morocco and Indonesia foster bilateral ties with four cooperation agreements

Morocco and Indonesia cemented their ties with four cooperation agreements covering fisheries, industry, counterterrorism and sharing financial intelligence on money laundering and terrorism funding. The agreements reflect a strong willingness to foster ties through concrete agreements to promote economic ties, said Foreign Minister Nasser Bourita. Bourita added that the agreements pave the way for underlining […]

Blogs Community

Boeing pledges $100 million for 737 MAX crash victims

American aircraft manufacturer Boeing Co on Wednesday said it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. Two crashes within five months—Lion Air Flight 610 in October off the coast of […]

Asia Business Headlines International Morocco

Morocco & Indonesia Negotiate Trade Agreement in November

Indonesia and Morocco agreed to start negotiating a preferential trade agreement (PTA) in November to increase trade volume, the Jakarta Post reported. The agreement was reached at the second Indonesia-Morocco Joint Commission Session in Jakarta last Friday. The two countries’ delegations were led by Indonesian Deputy Foreign Minister AM Fachir and Mounia Boucetta, the secretary […]

Asia Headlines International Morocco

Indonesian Media Speak of Upcoming ‘Historic’ Visit by King Mohammed VI

Several Indonesian media outlets wrote that King Mohammed VI will make in December a “historic” visit to Bali, where he will attend the 10th Bali Democracy Forum (BDF). The Jakarta Post reported that the King will deliver a key note address during the BDF, adding that the visit was confirmed by Moroccan Foreign Minister Nasser […]

Headlines Morocco

COP22: Forty-two Countries Launch NDC Partnership to Deliver on Paris Agreement

In a move that matches climate finance with action, forty-two countries from different continents signed to the NDC Partnership, which was launched, on Tuesday November 15, at COP22 Moroccan Pavilion with the aim of enhancing cooperation among nations so that developing countries have more effective access to the technical knowledge and financial support necessary to […]

Business Emerging Markets

Promising Prospects for Moroccan-Indonesian Economic Ties, The Jakarta Post says

Indonesian daily, The Jakarta Post, wrote on Sunday about the promising prospects for the development of economic ties between Indonesia and Morocco, which the paper described as a “regional power in North Africa.” Morocco is a “promising market as well as a gateway to both African and European countries for Indonesian products and investment, as […]

Headlines Morocco

Morocco Renews Support to Palestinian Statehood

Morocco has renewed its unflinching support to Palestinian statehood and to any initiative seeking the end of Israeli occupation and the establishment of an independent Palestinian State with Al Quds as its capital. “We welcome and support any serious initiative aimed at ending the Israeli occupation and establishing an independent Palestinian State, within the 1967 […]

Asia Headlines International Libya

UK: PM Cameron ready to take on ISIL in Libya and Syria if any threat emerges

David Cameron announced Monday the United Kingdom could enter in war against the ISIL in Syria and Libya if the group poses any threat to his country or to British nationals as what happened in the Sousse gun-attack. Mr Cameron was speaking at the start of his South-East Asia tour taking him to Malaysia and […]